JMI Equity's PointClickCare files to go public on Nasdaq, TSX

PointClickCare, a portfolio investment of U.S. growth equity firm JMI Equity, has filed with Canadian and U.S. regulatory authorities for a proposed initial public offering of its common shares. The Mississauga, Ont.-based company, which plans to list on both Nasdaq and the Toronto Stock Exchange, filed with the Securities and Exchange Commission to raise US$100 million, according to a report by Renaissance Capital LLC. Founded in 1995, PointClickCare is a cloud-based software platform focused on the senior care market. It secured a minority investment from JMI in February 2011. Last month, JMI led the $160 million funding of Toronto-based Intelex Technologies Inc.

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